US
0700 ET Weekly MBA mortgage applications, previous -2.5% to 388.6 with purchase sub-index -1.6% to 258.1 and refi sub-index -3.5% to 1104.9.
0830 ET Apr PPI final demand expected +0.2% m/m and +2.8% y/y, Mar +0.3% m/m and +3.0% y/y. Apr PPI ex food & energy expected +0.2% m/m and +2.4% y/y, Mar +0.3% m/m and +2.7% y/y.
1000 ET Revised Mar wholesale inventories expected unrevised at +0.5%. Mar wholesale trade sales, Feb +1.0% m/m.
1030 ET EIA weekly Petroleum Status Report.
1300 ET Treasury auctions $25 billion of 10-year T-notes.
1315 ET Atlanta Fed President Raphael Bostic (voter) speaks on the economic outlook and monetary policy to the World Affairs Council.
JPN
0100 ET Japan Mar leading index CI expected -0.9 to 105.1, Feb +0.1 to 106.0. Mar coincident index expected +0.3 to 116.4, Feb +1.3 to 116.1.
FRA
0245 ET France Mar industrial production expected +0.4% m/m and +2.8% y/y, Feb +1.2% m/m and +4.0% y/y.
0245 ET France Mar manufacturing production expected +0.9% m/m and +2.1% y/y, Feb -0.6% m/m and +2.4% y/y.
ITA
0400 ET Italy Mar retail sales expected unch m/m and +0.1% y/y, Feb +0.4% m/m and -0.6% y/y.
CAN
0830 ET Canada Mar building permits expected +2.2% m/m, Feb -2.6% m/m.
UK
1901 ET UK Apr RICS house price balance expected -1%, Mar 0%.
CHI
2130 ET China Apr CPI expected +1.9% y/y, Mar +2.1% y/y. Apr PPI expected +3.4% y/y, Mar +3.1% y/y.
n/a China Apr new yuan loans expected +1.10 trillion yuan, Mar +1.12 trillion yuan. Apr aggregate financing expected +1.350 trillion yuan, Mar +1.332 trillion yuan.
Commodity Calendar – Wednesday 5/9/2018
Date Time Event Survey Prior
5/9/2018 10:30 DOE Total Fuel Ethanol Inventory 4-May — 22142k
5/9/2018 10:30 DOE Fuel Ethanol Total Production 4-May — 1032k
5/9/2018 10:30 DOE U.S. Crude Oil Inventories 4-May — 6218k
5/9/2018 10:30 DOE Cushing OK Crude Inventory 4-May — 416k
5/9/2018 10:30 DOE U.S. Gasoline Inventories 4-May — 1171k
5/9/2018 10:30 DOE U.S. Distillate Inventory 4-May — -3900k
5/9/2018 10:30 DOE U.S. Refinery Utilization 4-May — 0.30%
5/9/2018 10:30 DOE Crude Oil Implied Demand 4-May — 18280
5/9/2018 10:30 DOE Gasoline Implied Demand 4-May — 9991.3
5/9/2018 10:30 DOE Distillate Implied Demand 4-May — 5628.1